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  2. LLC vs. Corporation - AOL

    www.aol.com/finance/llc-vs-corporation-203712316...

    LLC vs. Corporation. TJ Porter. April 30, 2024 at 1:37 PM ... Many businesses that start as a sole proprietorship reach a point where it makes sense to graduate to a more complex business ...

  3. Is an LLC Worth It for Sole Proprietors?

    www.aol.com/llc-worth-sole-proprietors-140012254...

    LLC stands for "limited liability company," which is a business structure that combines the pass-through taxation of a sole protectorship with the limited liability of a corporation.

  4. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. [1] An LLC is not a corporation under the laws of every state; it is a legal form of a company that provides limited liability to its

  5. Sole Proprietorship vs. LLC

    www.aol.com/news/sole-proprietorship-vs-llc...

    The two most popular ways of organizing a small business are LLCs and sole proprietorships. They are less costly and complicated compared to the alternatives of corporations and partnerships.

  6. Corporation - Wikipedia

    en.wikipedia.org/wiki/Corporation

    This is an accepted version of this page This is the latest accepted revision, reviewed on 18 December 2024. Legal entity incorporated through a legislative or registration process For other uses, see Corporation (disambiguation). "Corporate" redirects here. For other uses, see Corporate (disambiguation). "Corp." redirects here. Not to be confused with "Copr.". This article is part of a series ...

  7. Flow-through entity - Wikipedia

    en.wikipedia.org/wiki/Flow-through_entity

    However, if one is the sole member of a domestic limited liability company (LLC), one is not a sole proprietor if one elects to treat the LLC as a corporation. [5] In the United States, sole proprietors "must report all business income or losses on [their] personal income tax return; the business itself is not taxed separately.

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